We all think about our finances a lot – whether it’s remembering to pay the water bill, going one suburb over for cheaper petrol, or negotiating with your sibling to ‘share’ their Netflix login.
And we think about our superannuation finances too, whether we realise it or not. Using the First Home Super Saver Scheme to purchase our first house or dreaming of a month-long European adventure when we finally retire. It’s a big deal, knowing you’ll have enough to live on in the future.
But how can you be sure your retirement savings are being looked after by a super fund that takes your retirement as seriously as you do?
A top 10 performer – according to the regulator
Last year, the superannuation industry regulator, APRA (Australian Prudential Regulation Authority), introduced a performance test for super funds. The rules? Meet a certain performance benchmark or you can’t accept new members if you fail the test two years in a row.
The results are in, and First Super passed the test with flying colours. In fact, our Balanced option (also called our ‘MySuper’ product), tested in the top 10 best performers out of 80 default funds.
The best part? We also offer KiwiSaver transfers to people like you, who may have worked in New Zealand and moved to Australia and now want to transfer their retirement savings. (P.S. We’re the only fund in that top 10 list that does!)
A history of strong performance
For the calendar year to 31 December 2021, First Super’s Balanced investment option returned 13.10% for members. All our other options returned positive performance too, with the Shares Plus option leading the pack with a return of 18.96%.
While it hasn’t been a happy new year in 2022 for share markets, with price falls and the surging Omicron variant, there are no alarm bells ringing for us. That’s because we’re positioned to weather volatility whenever market conditions charge.
Want the really good news? Through the highs and lows of investment cycles, our Balanced option has returned an average of 8.39% per annum over the 10 years to 30 June 2021. Meaning we have a track record of protecting members’ money long term, while growing their future.
Want to put your super with a fund that takes you seriously?
*Past investment returns are not a reliable indicator of future returns.
Transfer Your KiwiSaver With First Super
First Super has helped many New Zealanders transfer their KiwiSaver across to Australia so they can enjoy:
- Consistent, strong investment performance
- Competitive fees, value for money
- Profit-to-members industry fund – they hey put their members first
- Access to financial planners and financial advice that’s in your best interests, no strings attached
- Education and support whatever your stage of life
- Cost effective Death and TPD insurance cover should anything happen to you
- Dedicated member services team and live chat
- No KiwiSaver transfer fees or exit fees.
Issued by First Super Pty Limited (ABN 42 053 498 472, AFSL 223988) as Trustee of First Super (ABN 56 286 625 181).
Past returns are not an indicator of future returns.
This document contains general advice which has been prepared without taking into account your objectives, financial situation or needs. You should consider whether the advice is appropriate for you and read the Product Disclosure Statement before making any investment decisions. To obtain a copy of the PDS or Target Market Determination please contact First Super on 1300 360 988 or visit our website at firstsuper.com.au/pds.
